{"id":141855,"date":"2024-04-08T07:29:00","date_gmt":"2024-04-08T05:29:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=141855"},"modified":"2024-04-03T12:04:36","modified_gmt":"2024-04-03T10:04:36","slug":"avantium-publishes-its-2023-annual-report","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/avantium-publishes-its-2023-annual-report\/","title":{"rendered":"Avantium publishes its 2023 Annual Report"},"content":{"rendered":"\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"609\" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-1024x609.jpg\" alt=\"\" class=\"wp-image-141882\" style=\"aspect-ratio:1.6814449917898193;width:772px;height:auto\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-1024x609.jpg 1024w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-300x179.jpg 300w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-150x89.jpg 150w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-768x457.jpg 768w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-1536x914.jpg 1536w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-2048x1219.jpg 2048w, https:\/\/renewable-carbon.eu\/news\/media\/2024\/04\/f273c85d-e2c1-43fd-be8a-437fb026a962-at2000-400x238.jpg 400w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n<p><strong>Avantium N.V., a leading company in renewable and circular polymer materials, today published its 2023 Annual Report,\u00a0outlining how Avantium creates value for its stakeholders. The Annual Report provides stakeholders an insight into\u00a0Avantium\u2019s strategy, business activities and performance over the past year.<\/strong><br>\u00a0<br>\u00a0The 2023 Annual Report includes further enhanced disclosures around ESG ahead of the introduction of the Corporate Sustainability\u00a0Reporting Directive. Avantium reports on the progress of its Sustainability Strategy Chain Reaction 2030, highlighting key stepping stones\u00a0along the way to achieving Avantium\u2019s ambitious vision of a fossil-free chemical industry by 2050. The report also features sections on\u00a0Risk Management, Corporate Governance, and the consolidated financial statements and company financial statements.<br>\u00a0<br>There is one deviation in the audited consolidated financial statements included in the 2023 Annual Report compared with Avantium\u2019s\u00a0press release on the 2023 full year results, as published on 20 March 2024. The deviation relates to a working capital adjustment in the\u00a0Cash Flow Statement, with no net-impact on the net cash outflow from operating activities.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The 2023 Annual Report is available to download under:\u00a0<a href=\"https:\/\/view.publitas.com\/cfreport\/avantium-annual-report-2023\/page\/1\">cfreport &#8211; Avantium Annual Report 2023 &#8211; Page 1<\/a>\u00a0(publitas.com)<\/strong><\/li>\n\n\n\n<li><strong>Avantium today also published its 2023 Remuneration Report. The 2023 Remuneration Report can be found here: <a href=\"https:\/\/www.avantium.com\/wp-content\/uploads\/2024\/03\/20240325-Avantium-2023-Remuneration-Report.pdf\">https:\/\/www.avantium.com\/wp-content\/uploads\/2024\/03\/20240325-Avantium-2023-Remuneration-Report.pdf<\/a><\/strong><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">About Avantium<\/h3>\n\n\n\n<p>Avantium is a pioneering commercial-stage company focused on renewable &amp; circular polymer materials. Avantium develops and\u00a0commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass\u00a0or carbon from the air (CO<sub>2<\/sub>). The most advanced technology is the YXY\u00ae\u00a0Technology that catalytically converts plant-based sugars into\u00a0FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully\u00a0demonstrated the YXY\u00ae\u00a0Technology at its pilot plant in Geleen, the Netherlands, and is currently constructing of the world&#8217;s first\u00a0commercial plant for FDCA, with large-scale production of PEF expected in 2024. Avantium also provides R&amp;D solutions in the field of\u00a0sustainable chemistry and is the leading provider of advanced catalyst testing technology and services to accelerate catalyst R&amp;D.\u00a0Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from\u00a0invention to commercial scale.<\/p>\n\n\n\n<p>Avantium\u2019s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext&nbsp;Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.&nbsp;<\/p>\n\n\n\n<p>This press release by Avantium N.V. contains information that qualified or may have qualified as inside information for the purposes of&nbsp;Article 7 of the Market Abuse Regulation (EU) 596\/2014 (MAR).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Avantium N.V., a leading company in renewable and circular polymer materials, today published its 2023 Annual Report,\u00a0outlining how Avantium creates value for its stakeholders. The Annual Report provides stakeholders an insight into\u00a0Avantium\u2019s strategy, business activities and performance over the past year.\u00a0\u00a0The 2023 Annual Report includes further enhanced disclosures around ESG ahead of the introduction of [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":141883,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"The report also features sections on\u00a0Risk Management, Corporate Governance, and the consolidated financial statements and company financial statements","footnotes":""},"categories":[5572],"tags":[5842,6026,10416,5528],"supplier":[742],"class_list":["post-141855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bio-based","tag-biomass","tag-biopolymers","tag-circulareconomy","tag-sustainability","supplier-avantium-technologies-bv"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/141855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=141855"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/141855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media\/141883"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=141855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=141855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=141855"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=141855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}